Good morning folks :)This is both my first post on Bigger Pockets and my first foray into improving my financial literacy when it comes to real estate investing so please excuse my ignorance.I see opportunities everyw...
A person I’ve know for a while saw my Facebook post about private money lending and asked me about it. I explained what I was looking for and he said he was interested and wanted to know more. A few weeks later I had ...
School me please...I made my cash offer of 175K. Sellers counter at $189K. I'm new to a strategy or "hostage negotiation".
The property is overpriced. The counter is not satisfying. How do I respond to my "buyer" rea...
Title says it all. How do you find a reasonable discount rate when doing a DCF analysis. Let's take an example where a value-add project is financed: 60% long-term debt. 4.00% 25-year amo. 5-year term.10% by a junior ...
Is it a good idea to purchase a 230k property with a Hard Money Lender? This is my first home purchase in which I already have a tenant (family member) set up. The house doesn't need any work, but I am really wanting ...
We bought a commercial property (4200 ft2 home facility that is a handicapped-accessible 8 BR, 2 bath home, with 2 additional ensuite units that have dedicated bathrooms) that required significant work. As newbies, we...
Hey all,
I've been going through the forum trying to figure out a few options around my mother's current mortgage situation. Was hoping you guys could shed some wisdom and experience on this. To note, I will be dis...
Hello BP, I'm hoping someone can shed some light on an issue I'm encountering. I have a 3 unit property, 1 unit on the first floor and 2 units on the second. There is a full 3rd floor that has previously been finish...
My tenant wants to break her lease after 1 month to move elsewhere. I paid the broker 1 month rent to find and process the tenant. The lease has no early termination clause and the broker agreement does not discuss ...
Hi Guys,I want to start investing in converting single family home into multiple family for rental income. I want to start with my own family home (with 1 unit) then more from there, I wanted to get some ideas on how ...